Centurion American Development Group bought 680 acres in Dorchester from Walton Global for a master-planned community known as Cottonwood.
The Cottonwood property is part of a larger, cohesive master plan totaling 1,474 acres. Centurion American intends to acquire the remaining acreage as the development picks up.
Municipal Utility Districts have been established on the property, which allows the development to offer increased amenities and a range of affordable housing, enabling the property to be competitive within the market. The concept plan includes a mixed-use community including residential, commercial and office use.
Located 8 miles south of downtown Sherman in Grayson County, and 55 miles north of downtown Dallas, the parcel is also within the City of Dorchester Extraterritorial Jurisdiction and under a Development Agreement with the City of Dorchester.
The post Centurion American to Develop Master Planned Community in Grayson County appeared first on Connect CRE.
Centurion American Development Group bought 680 acres in Dorchester from Walton Global for a master-planned community known as Cottonwood. The Cottonwood property is part of a larger, cohesive master plan totaling 1,474 acres. Centurion American intends to acquire the remaining acreage as the development picks up. Municipal Utility Districts have been established on the property, which …
The post Centurion American to Develop Master Planned Community in Grayson County appeared first on Connect CRE.
Robert Khodadadian has long had a simple philosophy about selling real estate. There are approximately a million buildings in the city, and the broker that gets to sell any one among the multitude that will hit the auctioning block at a given moment is, sometimes, simply the person who happens to pitch their services to the right seller.
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